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finds. we see falling u.s. demand, rising supply. we see miles driven. there's technology at play. probably the biggest thing that could happen to the auto industry and we can come on to that. that's only a few years out. the message from the futures market that we're get sg oil should be some $10 to $15 lower. if we were to get $10 off the oil price, it broadly equate toes about 1% gdp surprising the western world. it's that time of year where we're pending our thoughts to next year. tangible, economic prices to next year. it will be oil related, a chance, good job with raising the tax threshold in the uk. that means for the first year in five. uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this
announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >> john: today in california, police announced they have arrested a potential copy cat after the deadly shooting in newtown, connecticut. they say he posted threats on facebook targeting elementary schools in los angeles. when they found him at his parents' home, this also came across not one, but nine firearms, including rifles and a shotgun. trace gallagher is live on our west coast news room. we're getting breaking news from the district attorney. >> yeah. we just got this from the d.a. the d.a. is now saying they are not going to file charges against 24-year-old kyle and the reason why is because he didn't make a specific threat toward a specific school or child. the deal is that he posted on facebook several times after the connecticut shooting that if other people didn't stop posting about it, he was going to go out and do the same thing. telling people on fac
next year is likely to be a bit better next year here in the u.s. and globally. >> susie: we saw that treasury yields rose, and is this a signal to get out of treasures and to put your money into stocks? this has been a safety area for most investors. >> it sure is. i bought a bond and it went up, and why do you want to take this away from me. but i believe in the premises of your question. if, in fact, the economy is a little better, and the financial risks are a little better, that's a recipe for very low interest rates, for a mild increase in interest rates, which means bond prices go down. i would not be overweight in the treasury area. i would have modest weights and have the rest made up in equity, susie. >> susie: bob, thanks a lot. we look forward to your 10 predictions in 2013. we'll be talking to you about that. robert doll as nuveen as asset management >> susie: there was a new twist today in the samsung-apple saga over patent disputes. samsung electronics dropped a critical lawsuit banning the sale of apple products in europe. the good news helped put some shine on ap
required on all firearm purchases instead of the fractions of sales that get done today. 408% of u.s. gun sales are by private sellers who are not required to perform background checks. you can be a three-time convicted felon, a serial domestic abuser, severely mentally ill, or even on a terrorist watch list and still go to a gun show or go on the internet and buy whatever gun you want. the american people want to strengthen their bases to prevent the mentally ill from buying gun. but over a million disqualifying mental health records are still missing from states. 10 states have failed to flag a single person as mentally ill. and 17 states list less than 100 people. miles per hour people want to see assault weapons bans reinstated and large capacity ammunition clps banned to keep dangerous ammunition out of the hands of mad men. let's face it. when you put a 30-round clip in an assault weapon, you are not protecting your home. you are not hunting deer, you are hunting people. we have hid from this fight for too long. for too long we have used politics and the second amendment to cover up
, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over % of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your wor. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this so. >> it is 22 minutes past the hour. i have your fox news minute. school is back in session and newtown, connecticut, with the exception of sandy hook elementary. meanwhile, mourners paying final respects to two more students killed in that tragic shooting. government officials say that the -- is working to stabilize the condition. they have not decided if he will be treated in baghdad or another country. a harvard university astronomer is think the device is stumbling in space and officials have not pic
is what we know. u.s. marshals came to make an arrest monday night. they had some sort of altercation with the suspect who lives here. he has now barricaded himself inside an apartment here. we're told he is armed but there are no hostages taken. that he has taken in that building. no one else in that building either because it's been evacuated. prince george's county swat team is now negotiating with him. sources on the scene telling us the suspect may have been involved in recent carjackings and that's why he was being arrested this entire area will be blocked off, things here shut down until they can resolve the situation. we do have dozens of riss dents out here in the parking lot waiting to be let back inside. melissa mollet, news 4. >>> thank you, melissa. police are releasing few details after they found a man inside a building. 200 i street yesterday afternoon. homicide crews were also called to the scene. police are not saying how the man died or if there are suspects. >>> police in prince william county are looking for a man who sexually assaulted a girl inside her home posi
remains endemic. toyota will pay a record u.s. fine of $17.4 million for failing to report auto defects quickly and delaying a recall. it's the company's fourth safety-related fine in the past two years. this one involved floor mats that could hold down the gas pedal in some 2010 lexus models. toyota did not admit to any legal violations. those are some of the day's major stories. now, back to judy. >> woodruff: the community continues to mourn its losses in connecticut, resume some routine and consider its own role in a national conversation on what steps should now be taken. ray suarez begins our coverage with this report. >> suarez: a hearse arrived this morning at saint rose of lima catholic church in newtown carrying the body of six-year-old james mattioli, one of the slain first graders from sandy hook elementary school. hours later, a church bell tolled as mourners greeted another small white casket at the funeral for jessica rekos, also six. (bell tolling). meanwhile, students from other local schools returned to class. in buses adorned with ribbons bearing sandy hook's colors,
of the u.s. what it could mean for holiday travel as millions get ready for christmas. >>> the latest on the investigation in newtown, connecticut. we'll talk with a former fbi investigator about what law enforcement is doing to address the many still-unanswered questions can. jenna: welcome back, everyone. extreme weather moving through parts of the country today. you have high winds and mountain snow hitting portland, oregon. that's what you're seeing on your screen. also colorado, utah, wyoming bracing for several feet of snow. meteorologist maria molina from the fox news weather center. >> jenna, good to see you. not just out west but we expect the same snowstorm to track eastward and produce snow across parts of central plains, upper great lakes and eventually rainfall across the east coast. we have a couple of days we'll track the storm system to produce all kinds of travel headaches for anyone doing traveling coming up with christmas already around the corner. some of you will see a white christmas thanks to the snowstorm tracking east. we have snowlingering across parts of wes
the past couple of hours. u.s. marshals came to the complex to make an arrest on monday night. they had an altercation with the suspect who then barricaded himself inside the apartment down the hill here. he was armed but did not have any hostages. prince george's county police, u.s. marshals were trying to negotiate with him for the past couple of hours. sources out here on the scene telling us he may have been involved in a recent carjackings and that is why he was arrested now, we plan to speak with prince george's county police here in just a second, get additional information. as soon as we do, we'll pass that information along. live in adelphi, maryland, melissa mollet. >>> police are on the hunt for suspects who broke into a prince george's county home and shot the homeowner. four men broke into that house in the 9100 block of lough gren house. the suspects shot him in the back. he's currently in the hospital with injuries. >>> it's 6:04. the newtown connecticut community will attempt to return to a sense of normalcy today. classes resume today at all newtown schools except sandy
will not testify for now.ecovering from that concussion. john bolton, former u.s. ambassador to the u.n. and fox news contributor and good morning to you. >> good morning. bill: tell me about this review board, what do they do, who is a part of this? >> it was appointed by the state department itself to look into the incident at benghazi. this is a standard procedure. i'm sure they have written a thorough report but it will not be the end of the controversy. bill: why would it not be if it is a thorough report. >> the people did the appointing are the people who did the questions. i don't think the conclusions will necessarily withstand scrutiny. they could cover three main areas. one, why did the stated department reject continued requests for enhanced security for before september the 11th? number two, could we have done more to protect our people during the attack. and numb 3, who came up with this ridiculous story that the whole thing was provoked by the mohammed video. bill: you think you get answers to all three in a review like this. >> you have the capability of it, i do? >> this is not
, maryland to assist u.s. marshals who were attempting to serve an arrest warrant on an individual. once the officers got on scene and shortly thereafter, a barricade was called. >> reporter: we know that every one in the area is safe. we don't believe that the suspect at this point is holding anyone hostage. you were explaining that other people have been evacuated? >> that is correct. individuals who have been affected, who are at the target location of the apartment complex have been moved. >> reporter: there has been some communication. talk about negotiations at this point. >> negotiations are ongoing at this time in an attempt to make contact with the suspect. >> reporter: he's an armed suspect. the person is an armed suspect. we're unsure if it's a male or female. you're hoping the resolution will be a peaceful one. >> yes, ma'am. at this time the person is armed and barricaded themselves inside the apartment and we're hoping that this person through ongoing negotiations will come out peacefully and unarmed. >> reporter: one last quick question. folks will be waking up soon headin
white christmas, what are the chances? i just tweeted out the chance in d.c. and places around the u.s.. the percentage. because they're not the same. speaking of snow, we'll take you not in the 40 continuous states, to poland. tremendous snows here's, moe of -- here. most of the video is around warsaw. that looks festive to moe. >> look at the line of traffic driving so slowly top. >> it drives slowly like that here in the sunshine you know. >> testive. >> it's festive that's right. very very festive. all right a live look outside. it is our michael & son weather camera. and it's festive outside too. temperatures are still mild down to 50. dew points low 30s. winds still west northwest at 14. and the pressure is continuing to rise at 29.73 inches of mercury. which indicates a little better weather heading our way. and the good news is it's still going to be mild in the wake of this cold front. that's been the pattern so far. we get a cold frt and it just stays mild behind it. going to break that pattern i think by the end of week. last hour 30-mile-per-hour wind gusts at national. 18-
in on a budget deal to stop the u.s. from going over the fiscal cliff. home buildings haven't felt this confident in 6.5 years just before the housing bubble burst. a trade group says buildings are enjoying the best market since the housing boom. friday's mass shooting at a connecticut elementary school has one sporting good chain suspending sales of rifles nationwide. dick's sporting good is removing all guns on display. the gunman used a military style rifle in the shootings. >>> good news for greece. raised the credit rating by 6 notches. other european union countries are committed to keeping greece. >>> instagram says it has a right to sell your photos. expressing outrage on twitter and sites. instagram claims the right to sell photos to advertisers without payment or notification. there's no way to opt out unless you close your account by january 16th. that's your money watch. cbs money watch.com. >> coming up at 4:00, toyota troubles the multi million dollar fine levied by the government. >>> the strongest northwest storm of the season roars into washington state. the mess it left behind.
precipitously. the u.s. dollar, now a dollar 302 by the euro. six months ago. this was more like a dollar 25. deming, the dollar has done really week of the last rebel days, has it not? >> i am really shocked at the euro is doing as well as it is. somewhere down the line there will have to ease. it has been doing this as the whole time. has a lot to do with the fed meeting last week. the special -- perpetual qe and is not doing anything to help the ballot right now. liz: in the end you do want a strong dollar. i know some big multinational space to the u.s. that not only won a weak dollar to make our products cheaper, but i'll talk to carlos about this in a minute. let me get to that nymex. obviously whale is an interesting play, but i you guys talking a lot about this gold price behavior? this is really weird. >> well, it is tied in w dollar. so many people leading the same way. all the sudden you start to see it. stocks got hit and people start to panic. you basically have people that look in to say, you know, this dollar is going to get smacked. the reverse my position. liz: speaking of s
with cash for alaska andine cuba. that's coming up. ♪ [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. >> brian: last thing you want to see is extreme weather extreme waste by the government. that's what we are getting in the last hurricane sandy relief bill . >> gretchen: only a traction is dedicated. the rest goes to government projects that have nothing to do with the storm. how can that be? councilman, why is alaska fisheries getting $150 and u.s. bases. >> we have a spending cap and under the budget agreement the government it except in cases of emergency. this is epped run around the budget process . we don't just have fisheries. we have amtrak subsidy for 366 million. and that is in addition to the subsidies we give them and only 23 million
versus the dollar on speculation that u.s. lawmakers will reach a deal on the fiscal cliff. why that makes the euro so much stronger, you know, the euro hit intraday high of 1.3238, it is up 1.6% so far this month alone against the greenback. homebuilder confidence jumping to its highest level in more than six and a half years in december. the national association of homebuilder index posting its climbing 2 points to 47 this , month. a lot of optimism today. david: and we have the numbers from oracle. they are out. adam shapiro has been parsing through he numbers. adam: investors will be pleased with oracle. revenue of 9.1 billion, up 3%. and the street was expecting 9.02 billion. one thing i want to tell you from the press release, they are saying that cloud software subscriptions revenues were up 17% to 2.4 billion. and that's one of the things that investors are really paying attention to as oracle goes into that space. david: that is one of the things they are pushing most heavily into. adam, hank you very much. let's get reacts from the chicago mercantile exchange. larry,
will definitely check back in with you. melissa: about to invade u.s. banks and steal money? a plot straight out of the movies but we will bring you the real-life details straight ahead. lori: heading to break with a big rally on the s&p market today. no need for a safe haven, $22.50 down on that. back with more after this. melissa: welcome back. let's check the market, nicole petallides on the floor of the new york stock exchange watching toyota for us. nicole: watching toyota because sometimes when the news comes through, you can get some clarity on a stock. up about 3% on the moves we are seeing today moving back to neww highs, 52-week highs, highs we have not seen in years. they were ordered to pay record fines over $17 million for failing to report a defect to the u.s. government in a timely matter. toyota has been over the years with all kinds of things including acceleration on the floor mat, etc. back to you. melissa: nicole, thank you so much. lori: time to make money with charles payne. this hour he is helping us make cash in the tech sector with the global leader of cloud infrastructu
of a barricade. police say the incident started about 10:30 last night. u.s. marshals arrived at an apartment to serve a warrant in the 1800 block of greenwich woods drive in adelphi. oneperson is still inside the home right now and is believed to be arm the. we will continue to bring you updates as they become available. >>> also in prince george's county, the hunt is for a group of men would broke into i home and shot a person inside. this happened just before 2:30 this morning in oxon hill. the victim says the suspects burst into the home demanding cash and jewelry. the victim was taken to the hospital with nonlife- threatening injuries. >>> there are positive signs on a deal to avoid the fiscal cliff. speaker of the house john boehner was back at the white house last night for his second meeting in last week and there is talk about a new deal between the president and speaker boehner. staffers are not saying what they discussed but senate leadership is telling members to be ready to return to work starting next week. they could take up boehner's proposal from friday when he offered a tax
are following a developing story now. the accused slasher is being extradited to the u.s. from peru. he attacked several young women at shopping malls in fairfax with a boxcutter. he was arrested near a shopping mall in peru in january. since then the u.s. fought to have him returned here. none of the victims were seriously hurt. >>> 13 days to go now million the fiscal cliff deadline and will is new progress to report today. president obama and house speaker john boehner now agree on a tax hike for the very rich. there's a but. steve had an dels smndelsman sa not on agreement on who constitute it is very rich. >> that's right. that's the hang-up. the original obama plan to tax -- raise the tax rates on all americans making $250,000 or more a year, that's gone. now the hang-up is which americans would it be? those making a million dollars or more a year or a far larger group making $400,000? >> what do between want? >> reporter: protesters came to the capitol demanding republicans agree the tax hikes on the top 2% of americans. the original obama plan that he campaigned on. but speaker john boeh
in is giving help to our economy, and that requires printing of u.s. dollars and lots of them as the fed has been doing. i thhnk one of the small reasons why you're paying more for gas today than you did last year at this time is basically because our dollar is buying us slightly less now than it did then. however, there is another side of this and we have a technical p picture that absolutely shows us that gasoline is in a downward parallel channel and certainly would go lower as time passes and we're now looking at the 200-day moving average for the crude oil market which is getting below that. melissa: it is moving down, no question. >> absolutely. melissa: i have one reason for that. i was looking at stats, consumption is expected to be 8.73 million barrels a day. that is the lowest level since 2001. why do you think our gasoline consumption is so low right now? >> you know, there is a lot of conservationism going on. there are a lot of cars now that are not using nearly as much gas as they used to. melissa: no, that is not it. come on. >> there is lot of things that come together here.
a global standpoint the u.s. looks so attractive. equities are cheap in the u.s., and it's going to be just like the u.s. treasuries have been for the last five, six years, a flight to quality. you'll see a continuation flight to quality. i'm extremely, extremely constructive on the market. >> real quickly on the bone u.s. we didn't get there. >> sorry. >> some firms are actually moving the bonus payments to the end of this year to avoid the higher capital gains tax. what's your take on bonuses? >> meant to answer that. importantly whatever happens with bonuses will be no indication what happens with next year because in 2009 a lot of people were hired on contracts, so the firms are forced to actually still have higher payouts than they want to have. 2013 is going to be a much ruder awakening for salaries and total comp on wall street. >> wow. meredith, always nice you have to on the program. >> thank you so much. >> founder and ceo of meredith whitney advisory group. >> want to update you on the tragedy in newtown tragedy. danielle lee back with the very latest. >> reporter: good afternoon
return. . >>> the most senior member of the u.s. senate, the giant of the senate, died today at 88. daniel inouye served since 1963 and almost completed 9 connective terms. before that he was a world war ii hero and medal of honor winner who lost a arm while charging towards a machine gun. according to his office his last words were aloha. >>> teen collapses collapses and dies and now her mother and a man is in custody. ktvu's patty lee is live in san francisco. >> reporter: homicide is in charge of this case because investigators found the circumstances suspicious. >> reporter: he was one of several witnesses who saw her collapse in broad day light in the sidewalk. >> she wasn't breathing and the ambulance came, when they took her away they were trying to revive her. >> reporter: he didn't heard she died till this afternoon and the news spread quickly. >> go away. go away. go away. >> reporter: are you okay? >> no, i am not. >> reporter: this woman blamed herself for not doing more to protect the girl who lived here with her sister and mother. >> family had issues. >> reporter: ba
: to me, the most irresponsible comment came on tv yesterday by a u.s. senator dianne feinstein who is rushing to resurrect a bill on gun control. the most responsible set of comments came from the n.r.a. which said at the beginning when the events begin unfolding on tv let's wait for all the facts to come in. i'm calling as a former v.a. homeless outreach worker in rest l.a. one third of america's homeless are military veterans. every one of them could be off the street with mental health problems and so forth if the v.a. would process the claims that have been four and a half years delayed. we sue the v.a. in the ninth u.s. circuit court of appeals in may of last year. the government under obama and holder appealed that win before the three justices panel in may of last year to the full court which set aside our victory and veterans are now back to square one with no mental health issues from a v.a. under a former four-star army general who refuses to process our benefits claim. host: ok. here is paul on twitter. my question is how will balm care -- obama care address the shortage
will be the only african american in the u.s. senate. the but, spent from south carolina elected to succeed jim demint. here to weigh in from the weekly standard. what do you make of this? it is fascinating to me that the only black senator would be a very conservative tea party candidate. >> the irony given all of the hammer and we have seen at the 2012 election about the lack of diversity amongst republicans and what have you is if you look across the republican party and people likely to be leaders in the politics 10, 15 years from now, many republicans of a variety of ethnic and racial backgrounds were most likely to be the leaders whether it is tim scott or marco rubio, brian sandoval, these are people who are widely looked at bipartisan fashion. with that as for the coleaders in america. they're all republicans. gerri: it is really fascinating. this to say about the selection. >> while i get this minority female, that is what everybody wants to talk about, i want to remind everybody he earned this for the person he is, he earned proven and he will continue to earn it for the leadershileaders
judge has denied a request by apple to ban the sales of dozens of samsung phones in the u.s. the request came after a jury ruled 26 samsung phones infringed upon apple's pattens. their sale would be harsh, because the copy from apple is a small portion of the phone's functionality. >>> and a computer hacker has been sentenced to ten years in prison. christopher cheney tapped into the personal e-mails of dozens of others, mostly in the entertainment industry. johansson told the judge she had been humiliated. >>> finally, take it from me. do not look down. the world's highest, and thus, scariest pedestrian bridge, has opened in the swiss alps. >> no way. >> it is three feet wide. it is suspended 1,500 feet above a glacier. visibility, so poor on opening day. >> why? >> they say you couldn't see what was under your feet. perhaps the most unused bridge in human history is there. >> at least by our team. >> no to and from. >> wherever it needs to go, i hope you don't need anything over there. >> someone has a special assignment coming up. >>> we turn to what may be a major breakthrough in the
purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: on this vote the yeas are 359, the nays are 35. the speaker pro tempore: on this vote the yeas are 359, the nays are 36 with one member voting present. 2/3 of those voting having responded in the affirmative, the rules are suspended, the bill is passed and without objection the motion to reconsider is laid upon the table. vote vote -- the unfinned -- -- the unfinished business is the vote on the amendment to the bill on which the yeas and nays were ordered. the clerk will report the title of the bill. the clerk: h.r. 3683, an act to provide for a comprehensive strategy to counter iran's growing hostile presence, an activity in the western hemisphere and for other purposes. senate amendment. the speaker pro tempore: the question is will the house suspend the rules and concur in the senate amendment. members will record their votes by electronic device. this will be a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united
? this is big news. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. >>> welcome back. you're watching "starting point." special edition from newtown, connecticut. the tragedy here on friday has truly changed the conversation on gun control in this country. president obama met with members of his cabinet yesterday. ordering ideas that would include a ban on assault weapons. and there is word of a major move overnight by dick's sporting goods. 451 stores across 42 states. out of respect to the victims it has pulled its guns from the store close toast nst to newtow suspended the sale of ar-15sand guns like it across the entire chain. >>> in this morning, children in newtown will head back to school for the first time since friday's shooting. sa
serving senator in u.s. history, democrat senator inouye died from respiratory complications. president obama praised him calling inoue a true american hero. his staff says his final word was aloha. he was 88 years old. a great, as the president said, great american hero. the charleston post, south carolina governor, nikki haley, selects republican tim scott to replace out-going jim demint. the tea party will be switching and will become the first african-american senator ever from south carolina. >> "boston globe," taking new steps to speed up your check-in this holiday season. the elderly members of the military and other travelers deemed low risk will now be able to keep their shoes, jackets and belts on. the tsa has also expanded its pre-check trusted traveler program to 35 airports. >> those trusted travelers, t.j. >> and a look with "politico" playbook, jim vandyheim. >> there was some movement on the fiscal cliff talks. >> yes. i would say substantial movement where you can see the contours of a deal that can get done potentially pretty quick where the president is willing to say
? this is big news. >>> u.s. stock futures are up this morning. markets ended sharply higher yesterday on all optimism that a fiscal cliff deal could come by the end of the year. christine romans is here right now minding our business this morning. she's looking at some of the fallout in the gun industry in the wake of these connecticut school shootings. >> interesting story breaking this morning. cerberus capital management, a private equity firm, making direct investments in companies, investors do, you have teachers, pension funds invest in private equity. listen carefully. cerberus owns freedom group. which owns bushmaster, the company that made the assault rifle that police say was used to kill all of those children and six teachers. this morning, cerberus capital management is saying it will hire someone to try to sell its freedom group company, to sell bushmaster, to sell the company that made that rifle. this is what they say basically. it is apparent that the sandy hook tragedy was a watershed event that has raised the national debate on gun control to an unprecedented level. it is n
used by a u.s. construction company in kabul, afghanistan, today. the firm builds facilities for the u.s. military. two afghan workers were killed, and more than dozen others were wounded. the taliban claimed responsibility. and in the east, villagers held funerals for nine young girls who died in an explosion in nangarhar province. police said they may have triggered a land mine left over from the time of the soviet invasion. meanwhile, in northwest pakistan, a car bomb in a crowded market killed 17 people and wounded more than 40. the blast left a scene of scorched wreckage. in syria, the vice president now is warning that neither side will win the battle for control the untry. farouk al-sharaa is a longtime ally of president bashar al- assad's family. in an interview, he called for a national unity government with "broad powers." meanwhile, the violence raged on. rebel fighters claimed they captured an army infantry college near the northern city of aleppo. president obama and house speaker john boehner met today, amid signs of possible movement in the "fiscal cliff" negotiations. it
dart pools in the u.s. operating alongside 13 public exchanges. the concern, there's a potential disadvantage to the overall markets and, of course, retail investors. maria? >> that. ton, thank you so much. >>> as the debate continues on capitol hill, back on wall street, seth marin argues that high-frequency trading benefits the few at the extension of many and is taking a toll on investor confidence and seth joins me right now along with special guest host ken langone. you're very critical of high-frequency trading saying it benefits the few at the expense of many. why in. >> that's correct. you have a very few number of constituents, and this is very much of a zero sum game, and they make their money at the expense of all of those folks who are investors who invest in the mutual funds and the pension funds, and the most important thing that we need to reinstill in this country is investor confidence. >> yeah. >> unfortunately, all of the major blow ups, recently the flash crash, facebook or the knight fiasco are interrelated with high-frequency trading. >> that's a good point
to leave it there. nice to see you. >> thanks. >>> up next, remembering one of the giants of the u.s. senate. a fixture of that chamber and a war hero who broke racial barriers. >>> and still to come, the conversations happening at homes and schools and houses of worship across the country today about student safety and about the culture of violence in our country. you're watching "the daily rundown" only on msnbc. >>> amber .paul started north carolina based footsteps clothing which had a booming christmas pajama line. they added other holidays and eventually expanded to products that celebrate family life. for more, watch "your business" at 7:30 sunday mornings on msnbc. >>> from washington to honolulu, there is mourning for an icon, the senate's most senior member, daniel inouye. he died on monday. president obama said the country has lost a true american hero. the vice president called inouye one of the most honorable men i ever met in my life and one of the best friends you could hope for. on the senate floor, he is even more remembered. >> a man who has lived and breathed the s
from peru today. the police there arrested him in january and since then u.s. authorities have worked to have him returned to stand trial. the victims were not seriously hurt. >> police in prince william county are asking for help tonight to find a man that forced his way into a home and sexually assault ad 15-year-old girl. it happened in woodbridge yesterday afternoon, police tell tuesday man posing as a cable worker knocked on a door and asked for someone who didn't live there. the girl says he left but returned later, pulled a knife, and forced her into a bedroom. she began kicking and screaming and he ran away. >> the mistress of former cia director david petraeus will not be facing cyber stalking charges. the u.s. justice department announced it was dropping its investigation of paula broadwell today. broadwell allegedly except harassing e-mails to tampa socialite to jill kelley. the e-mails were reported to the fbi and that uncovered the affair between petraeus and broadwell and that led to his resignation. >>> with the fiscal cliff fast approaching, republicans are going for w
were missing. >>> a new satellite launched by north korea is dead and gone according to a u.s. astrophysicist who says the satellite is no longer giving off any signal. the u.s. and other countries believe the satellite launch was the test of a ballistic missile. >>> if you're praying for lower gas price this is holiday season you may get your answer. according to aaa, gas prices have been falling every day for four weeks. the price is three cents away from the lowest mark in two years. right now prices average $3.24 a gallon. >>> gun control, it just may be the right time. democratic lawmakers who are strongly pro gun rights have signaled they're willing to deal and senator dianne feinstein is ready with legislation. >> there's no second amendment right to bear every type of weapon that you know of. these are a certain class of weapons. they are designed to kill large numbers of people in close comb combat. i don't believe the second amendment covers them. >> advocates like new york mayor michael bloomberg are hopeful,' long with victims of gun violence created a website that
is very clear on this it's clear when he was a state senator, clear when he was a u.s. senator, it was clear also as president, and he was dealing kno as you well know with a myriad and he of issues and pushing hard and so making sure also that we had theto do e funding to do everything we d needed to do in the justice department. >> but the brady campaign i mean the first year gave obama campa an "f" and there is a report in the "new york times" on sunday after the aurora shooting that the justice department went to the white house, i know you educe weren't there then with ways to expand background checks and to go there was a decision not to go assign that far. not to assign blame but politically how hard is it to take on the in ra. to p >> having passed the brady bill assa and the assault ban, the last rea time we really had gun control it is very hard. that's why what you have to access focus on is criminal access and s the type of guns and make it a law enforcement issue. when i worked for president clinton we had all the police pol chiefs in d.c. and t
, very clear on this. it's clear when he was a state senator, it was clear when he was also a u.s. senator. it was clear also as a president, and he was dealing as you well know with a myriad of issues. and he was pushing very hard and making sure also that we had the funding to do everything we needed to do justice department. >> the brady campaign in the first year gave obama an "f." an "f." there was a reported in "the new york times" on sunday that after the aurora shooting -- i know you weren't at the white house then, but that the justice department went to the white house with ways to expand the background check system in order to reduce the risk of guns falling in the hands of mentally ill people. and there was a decision made not to go that far. what i guess i'm trying to ask, not assign blame, but politically, how hard is it to take on the nra? >> first of all, having fought to pass the brady bill and the assault weapon ban, the last time we really had gun control, it is very hard. that's why what you have to focus on is criminal access and the type of guns and make it a
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